Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$160,000Cash toward the purchase price.
Closing costs + prepaids$14,035Not just lender fees.
Before credits & paid funds$174,035The complete starting cash picture.
Estimated remaining funds due at closing
$174,035No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$160,000.48
Your down payment$160,000.48
Closing costs + prepaids$14,034.63
Total buyer cash needed$174,035.11
Remaining funds due$174,035.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,900.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$648.00
Initial HOA (3 months)$324.00
Prepaid interest, first (10 days)$294.63
Fees + prepaids$14,034.63
Your down payment is the seller’s equity. You take over the $380,000 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $174,035.11 is due at closing. Uses and sources reconcile at $554,034.63 each. Not a Closing Disclosure.